Air Canada posted a C$2 billion net profit ($1.6 billion) for 2017—more than doubling the carrier’s 2016 C$876 million net income—driven by an 11.3% increase in passenger traffic producing a 10.7% rise in revenues. “[In 2017] we profitably expanded our global network with 30 new routes launched [and] carried a record 48 million customers while maintaining our focus on cost discipline and continuing to improve margins,” Air Canada president and CEO Calin ...

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